SBI PO Salary After 5 Years: Many searches are made regarding the possible salary structure after completing the first five year at the State Bannk of India as an SBI PO. Here is the detailed analysis of what can your salary be post five year of service to the SBI.
SBI PO Salalary Structure – In the Beignning
SBI PO Salary 2021 Structure
| SBI PO Salary structure in India | |
| Gross Salary (Including everything) | Rs 65, 780/- |
| Dearness Allowance | 46.9% of the basic pay |
| City Compensatory Allowance (CCA) | 3% or 4% (depending on the place of posting) |
| Leased House Accommodation | Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban) |
| Medical Insurance | 100% for employees 75% for families |
| Travelling Allowance | Reimbursement for AC-2Tier (Exclusively for official travels) |
| Petrol | Rs 1100-Rs 1300 (in case of absence of personal vehicle) |
| Miscellaneous | Rs 4000/- |
| Total Compensation (Annually) | 8 lakhs to 13.5 lakhs |
| Loan Benefits | Concession on interest rates |
Net Salary Calculation – In-hand monthly
| Salary Details | Amount |
|---|---|
| PF Contribution | 4196 |
| Income Tax | 3290 |
| Professional Tax | 200 |
| Contributory Pension Fund | 5,274 |
| Total Deductions | 12,960 |
| Net Salary | 52,820 |
SBI PO Salary After 5 Years
Now to calculate the salary after 5 years would be looking at the yearly increments offered by SBI.
The fixed yearly increment after five years would be Rs. 1490×5 =Rs. 7450. The basic pay would now be 36000 + 7450 = Rs. 43,450
SBI PO Salary Structure After 5 Years
| SBI PO Salary structure in India | |
| Basic Salary (excluding everything) | Rs 43, 450/- |
| Dearness Allowance | 46.9% of the basic pay |
| City Compensatory Allowance (CCA) | 3% or 4% (depending on the place of posting) |
| Leased House Accommodation | Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban) |
| Medical Insurance | 100% for employees 75% for families |
| Travelling Allowance | Reimbursement for AC-2Tier (Exclusively for official travels) |
| Petrol | Rs 1100-Rs 1300 (in case of absence of personal vehicle) |
| Miscellaneous | Rs 4000/- |
| Total Compensation (Annually) | 10 lakhs – 15 lakhs (Higher-end figure can be achieve if you clear the internal exams such as JAIIB and CAIIB |
| Loan Benefits | Concession on interest rates |
However, this is just an estimate based on the present numbers, but any new changes in the compensation scale can affect this forecasted figure.
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